the second tier kicking in at 7% once the operator has fully recouped its capital investment. Legislation putting the taxsystem in place will occur over the balance of this year and into 2015. British Columbia Prime Minister Christy Clark has said

new oil and gas taxes that are in the White House’s fiscal 2013 federal budget request. “Our current corporate taxsystem is outdated, unfair, and inefficient,” Obama said on Feb. 22. “It provides tax breaks for moving jobs and profits

production in Norway, said, “In addition, the Norwegian government has recently proposed reduced uplift in the petroleum taxsystem , which reduces the attractiveness of future projects, particularly marginal fields and fields which require new infrastructure

production in Norway, said, "In addition, the Norwegian government has recently proposed reduced uplift in the petroleum taxsystem , which reduces the attractiveness of future projects, particularly marginal fields and fields which require new infrastructure

restore opportunity for all and generate the public revenues to pay our bills. “That means a dramatically simpler taxsystem of fewer loopholes and lower rates [and] a pause in the mindless piling on of expensive new regulations that devour

quickly found that this country's taxsystem was a major cause. "We observed ..... continues to use an international taxsystem when most other countries have moved ..... talking about is a change in the taxsystem which would put US companies which

quickly found that this country’s taxsystem was a major cause. “We observed, looking at our data ..... continues to use an international taxsystem when most other countries have moved ..... talking about is a change in the taxsystem which would put US companies which